Bitcoin And Crypto-Currency
Square’s Users Can Route Stimulus Payments To BTC-Friendly Cash App
Square’s Cash App is allowing U.S. citizens and residents who don’t usually file a tax return to direct forthcoming government stimulus payments to the mobile payments application. Square's Users Can Route Stimulus Payments To BTC-Friendly Cash App The move comes after the company failed to convince the United States Treasury…
$1.1 Billion BTC Transaction For Only $0.68 Demonstrates Bitcoin’s Advantage Over Banks
When someone transferred 161,500 Bitcoin (BTC) on April 10 for a fee of only 0.00010019 BTC — approximately $0.68 — the crypto world took notice. $1.1 Billion BTC Transaction For Only $0.68 Demonstrates Bitcoin's Advantage Over Banks According to blockchain transaction details, the user moved approximately $1.1 billion dollars in…
FDIC Urging Against Bank Runs (#GotBitcoin?)
The Federal Deposit Insurance Corporation, or FDIC, recently posted a video urging the public not to rush to banks for cash withdrawals. Does this relate to crypto? FDIC Urging Against Bank Runs (#GotBitcoin?) “Your money is safe at the banks,” FDIC Chairman Jelena McWilliams said in a video posted on…
Bitcoin Could Become Like ‘Prison Cigarettes’ Amid Deepening Financial Crisis
In an interview with Cointelegraph, John Vaz, economist and academic at Monash University, asserts that the outlook for Bitcoin (BTC) and cryptocurrency is dependent on the response from governments to the current economic crisis. Bitcoin Could Become Like ‘Prison Cigarettes’ Amid Deepening Financial Crisis John also emphasizes the importance of…
Bitcoin Holds Value As US Debt Reaches An Unfathomable $24 Trillion
The national debt of the United States has crossed $24 trillion for the first time in history as Donald Trump’s presidency adds $4 trillion in four years. Bitcoin Holds Value As US Debt Reaches An Unfathomable $24 Trillion According to figures from online monitoring resource Trading Economics, the tally now…
How To Get Money (Crypto-currency) To People In An Emergency, Fast
The responses of governments to the coronavirus pandemic have been extraordinary. How To Get Money (Crypto-currency) To People In An Emergency, Fast Governments around the world have enacted emergency legislation to protect people from loss of income and keep businesses alive as far as possible. The U.S. government, for example,…
Bitcoin Miner Manufacturers Mark Down Prices Ahead of Halving
Bitcoin mining machines are on sale. Last month’s crash in cryptocurrency prices has prompted manufacturers to sell inventories at a discount, in some cases as steep as 20 percent, over the past few weeks. Bitcoin Miner Manufacturers Mark Down Prices Ahead of Halving Both the newest models and slightly older…
Privacy-Oriented Browsers Gain Traction (#GotBitcoin?)
In recent months, big-name players like Google and Apple have been going the extra mile to showcase their privacy features to the world. Privacy-Oriented Browsers Gain Traction (#GotBitcoin?) However, as most people are now aware, these multinational companies have business models that are centered around collecting and aggregating the data…
‘Breakthrough’ As Lightning Uses Web’s Forgotten Payment Code (#GotBitcoin?)
Lightning Labs has published its draft specification for Lightning Service Authentication Tokens (LSAT) — a protocol standard that promises to redefine online payments through employing a little known HTTP status code. ‘Breakthrough’ As Lightning Uses Web's Forgotten Payment Code (#GotBitcoin?) According to a March 30 blog post authored by Lightning…
Bitcoin Starts Quarter With Price Down Just 10% YTD vs U.S. Stock’s Worst Quarter Since 2008
Bitcoin (BTC) has in total suffered just 10% from the coronavirus outbreak which obliterated stocks and caused the United States to print $6 trillion. Bitcoin Starts Quarter With Price Down Just 10% YTD vs U.S. Stock's Worst Quarter Since 2008 That was according to the latest quarterly price data from…
Bitcoin Enthusiasts, Liberal Lawmakers Cheer A Fed-Backed Digital Dollar
One out of every 14 households in America have no bank account. Bitcoin Enthusiasts, Liberal Lawmakers Cheer A Fed-Backed Digital Dollar Negotiations over the $2.2 trillion coronavirus aid package signed by President Trump on Friday weren’t just historic for the cost, nor the speed with which it was reached. Though…
If You Didn’t Get The Memo IMF Says Global Recession Is Underway, Worse Than 2009 (#GotBitcoin)
International Monetary Fund Chairman Kristalina Georgieva said Friday a global recession is underway and predicted it will be worse than the 2009 financial crisis, especially in developing nations. If You Didn't Get The Memo IMF Says Global Recession Is Underway, Worse Than 2009 (#GotBitcoin) “We have reassessed the prospect…